As a radiologist, you work with patients who are hoping beyond hope that their results are negative. They have come to you because they have been told that there is a chance that they a have a life-threatening illness. It’s your job to diagnose and treat the disease should anything be found.
Using ultrasounds, x-rays, fusion imaging and magnetic resonance imaging (among others) to learn if and where the disease is located in your patients’ bodies, the stress takes a serious toll on said patients. Your job doesn’t only entail diagnosing and treating; you need to provide good bedside manner too. Sometimes, in the stress of the moment, the patient will blame you for their ills, putting your medical practice at risk.
Protect yourself like you do your patients and get business insurance for radiologists with CoverHound.
Need a little more convincing? Here are four reasons you need to get a small business insurance plan:
Transferring equipment led to a staff member straining their back
While conducting ultrasound appointments, your ultrasound technician tripped over some of the machine’s cords when transferring it to a patient’s room, causing them to tweak their back. A small business owners' insurance policy includes workers compensation; workers comp. is a policy that provides financial assistance to your employees should they be hurt on the job.
Workers compensation includes providing payment for the employee’s medical fees, wage loss and rehabilitation. While your employee is out recuperating, small business insurance will cover the business interruption your employee’s absence should cause the practice.
Cybercriminals love vulnerable healthcare servers
Healthcare is the number one industry cybercriminals target. Why? Because patient health records offer a treasure trove of information that can be used to steal identities. Birthdates, social security numbers (SSNs) and health insurance information are used to make fraudulent insurance claims and open credit card accounts. Unlike a credit card number than can be cancelled and replaced, you cannot replace your birthdate or SSN; they are yours for life. This means that if this information is stolen from your healthcare office, your patients will forever be vulnerable to identity theft.
Your practice can be sued for not taking the precautions and ignoring safe cybersecurity protocol. When this happens, your cyber insurance policy will pay to cover your litigation costs and will even cover restitution. Not only that, cyber insurance for small business will cover equipment replacement and business interruption.
Could not diagnose patient due to faulty equipment
On a busy day filled with MRI appointments, the MRI machine goes on the fritz. This leaves numerous patients in a lurch and unable to get tested. This can cause a disease to go untreated, harming the patient. Small business insurance will cover the cost to have your office’s medical equipment repaired or replaced at no extra cost to you. Don’t jeopardize a patient’s health waiting to find a repair person who takes payment installments.
Patient’s smart device damaged by x-ray
Despite telling the patient that they could not have their smart device on their person during an x-ray, they thought taking a selfie would be worth it. As result, their phone is busted. Claiming that there wasn’t signage explaining the no cell phone policy, they can take you to court for damages. A liability insurance policy will cover the cost of their phone; keeping you out of the courtroom and at work helping patients.
Take care of your small business. CoverHound can help. Get your free business insurance quote today.
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